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* New York State Supreme Court Judge Michael Obus denied another defense motion for a mistrial in the corporate corruption case of two former Tyco International Ltd. executives, as the jury ended its 10th day of deliberations without reaching a verdict.
* The European Union joined a U.S. complaint against China in the World Trade Organization, adding weight to the Bush administration’s claims that tax breaks for Chinese chip makers give them an unfair advantage over imports.
* Fannie Mae may need to restate its earnings as a result of a government review of its accounting policies, the Office of Federal Housing Enterprise Oversight said.
* State Sens. Jackie Speier (D-Daly City) and Mike Machado (D-Linden) proposed a bill that would require meat and poultry suppliers to notify California’s Department of Health Services of all locations that received meat subject to a USDA voluntary recall. The department would then have to pass on the information to local governments and the public.
* IBM Corp. said it would let other companies make its Power microprocessors to encourage greater use of its technology and add customers.
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